Working Capital Loan
Procurement and sale of agricultural inputs, and procurement of produce for collective marketing, value addition and processing.
Purpose
Term Loan
Setting up common infrastructure for agriculture and processing activities — assets your members share and benefit from.
Pledge Loan
Finance against Electronic Negotiable Warehouse Receipts (eNWR), so your produce works for you while it's stored.
Eligibility
Incorporated at least six months prior to the loan application
At least one audited balance sheet as on the date of application
Minimum subscribed share capital of ₹2 lakh
No defaults to any organization, including other banks / FIs
Legal compliances in place — licenses, TIN / GST registration
A regular CEO in place
A well laid-out business plan for at least the next one year
Rated A+, A, B+, B or C+ on the NABKISAN rating tool
Terms
Security, interest & repayment
Security
Collateral-free loans, with coverage under various Credit Guarantee schemes.
Rate of Interest & Processing Fee
Linked to the ALCO rate of borrowing of NABKISAN and as per NABKISAN's rate of interest policy applicable from time to time.
Repayment Period
Term loans — maximum 7 years, including moratorium period, if any
Working capital loans — up to 18 months, including moratorium period, if any